How can I get my tax refund?

Your tax refund transfer will be faster if you e file it accurately. The IRS will direct deposit in your bank, member FDIC, within in around 3 weeks. However, if you mail your return, you’ll probably have to wait a much longer time to receive your refund. To avoid delays in refund transfer and get max refund, consult with our tax professional today.

What are the requirements to e file a tax return?

You really should e file, there are lots of reasons to do so. We will take care of your filing process electronically. However, you need to provide us with last year’s AGI information. If you don’t know what it is, then you can use the IRS Get Transcript to get your previous year’s AGI.

What are your tax preparation fees?

We only charge $120 as tax prep fees. Moreover, you get unlimited access to tax advice from a tax professional on any of the tax topics without any additional service fees. Our pricing is transparent. There are no hidden e file fees or additional fees for the tax help we provide.

Am I eligible to pay self-employment income tax?

Different limitations apply on individuals with different financial records. If your net income is above $400, you need to file a tax return, but if your income is below $400, you may still need to fill out the form just according to the filing requirement.

How can I file a return for previous tax years?

Filing for previous year can be done. We can e-file for 2 previous years. Older returns more than 2 years old must be paper filed. Furthermore, IRS does not allow taxpayers to e file prior year returns via self-preparation websites.

Do you also offer legal advice?

We do not provide legal advice. We don’t represent taxpayers in front of state agencies or the IRS. However, our professional credentials allow us to offer you audit support as a tax preparer.

What kind of deductions am I eligible for?

Everyone is eligible for some kind of deductions or tax credits. However, the amount of tax could be different for each individual because of their income. Although, business owners and self-employed persons might get a slight advantage on saving the cost during audit defense.

Which tax software do you use for tax preparation?

We use ATX but we can use any tax software as we have access to paid versions of these tax tools.

Usually, when is the due date of the Ohio Tax Return?

The deadline for tax return in Ohio is usually fixed on April 15, unless it arrives on the weekend or is otherwise devised to change by the IRS. We recommend you to file the returns earlier as you can amend returns if the tax situation changes.

Proper Tax Accounting is Important

Proper Tax Accounting is a necessary Business function

Proper Tax Accounting is an Important first step for Income Tax Preparation. The Accounting process of any Business can be really threatening when it comes to Taxes. Your worries spread to every aspect of the Business. Such as marketing, product development, sales, and customer support, profit generating strategies, etc. Not to mention the need for proper Federal IRS Accounting for Taxes. You have a lot to take care of that you are may be thinking of delegating some jobs to others to give yourself some rest.

To update all invoices, payroll, insurance, Taxes, accounts receivable and payable, debts, etc. would definitely be too exhausting for you working on it alone. We can definitely help you save a lot of time by providing Accounting that will provide accurate information to use to File your Taxes.

Sooner or later

You will have to complete your IRS Federal Taxes and it is a lot easier to stay on top of the Accounting Services function on a monthly basis. We can reduce your cost in the long run. By using the proper Accounting process to File your Taxes, you can definitely focus more on making money.

Furthermore, we can also keep you well organized in terms of the management of all your paperwork for proper IRS Federal Taxes and Accounting. They won’t let you get things just piled up on your desk. With our help, your Business life can be definitely easier and more productive focusing on what you do best…. making your Business work for you!

For any business, large or small, taxes are a complex and necessary evil. Taxation can easily become one of the biggest line items in a business’s expenses and, if not managed correctly, can significantly strain cash flow. This is where proper tax accounting comes in.

At Akron Income Tax Co, we specialize in helping businesses with their tax accounting. We work with businesses of all sizes to ensure that their taxes are being managed in the most efficient way possible. We understand the ins and outs of the tax code and can help your business take advantage of any deductions and credits you may be entitled to.

Also, we offer a full range of other accounting services, including bookkeeping, financial reporting, and more. So, if you’re looking for help with your taxes or any other aspect of your business’s finances, give us a call today.

What is Tax Accounting?

Tax accounting is the process of preparing, filing, and paying taxes. This includes federal, state, and local taxes. It is a complex process that requires knowledge of tax laws and regulations. Also, it requires keeping accurate records of income and expenses.

Tax accounting is important because it ensures that businesses and individuals comply with tax laws and regulations. Also, it helps businesses and individuals save money on their taxes. Furthermore, Businesses and individuals can minimize their tax liability with the right tax accounting methods.

There are many different types of taxes that businesses and individuals must pay. These include:

Income Taxes:

Income taxes are the most common type of tax. They are levied on the income of individuals and businesses.

Sales Taxes:

Sales taxes are imposed on goods and services. State and local governments typically impose these taxes.

Property Taxes:

Property taxes are levied on the property’s value, such as real estate and personal property. With the proper tax accounting methods, businesses and individuals can minimize their property tax liability.

Payroll Taxes:

Payroll taxes are imposed on the wages and salaries of employees. Additionally, the employer is responsible for withholding these taxes from employee paychecks and paying them to the government.

Self-Employment Taxes:

For self-employed individuals, such as freelancers and contractors, self-employment taxes must be paid. These taxes include Social Security and Medicare taxes.

How Can We Help?

With years of experience, Akron Income Tax Co is the leader in tax preparation services. We provide a wide range of services to help you with your taxes, including:

Tax Return Preparation

To get your taxes done right, it’s important to choose a tax preparer that you can trust. At Akron Income Tax Co, our tax professionals have the experience and knowledge to ensure that your return is filed correctly. Our convenient location and hours make it easy for you to get your taxes done.

Tax Planning

Our tax planning services can help you minimize your tax liability and maximize your refund. We’ll work with you to develop a tax plan that meets your specific needs. We will also review your tax situation on an ongoing basis to ensure that you take advantage of all the deductions and credits you are entitled to.

Tax Resolution

If you are facing a tax problem, our tax resolution services can help. We can negotiate with the IRS on your behalf to resolve your tax debt. Furthermore, we will work with you to develop a payment plan that fits your budget. Finally, we can also help you file an offer in compromise, which may allow you to settle your tax debt for less than the full amount owed.

Audit Representation

For businesses, we offer audit representation services. We will work with you to prepare for your audit and represent you during the audit process. Also, we can review your financial records to ensure they are accurate and complete.

Small Business Tax Services

For small businesses, we offer a full range of tax services. We can help you with everything from bookkeeping to tax preparation. Additionally, we will work with you to ensure that your business complies with all the applicable tax laws. Also, we offer a free initial consultation to all new small business clients.

Personal Tax Services

We offer various personal tax services to help you with your taxes. Next, we can prepare your return, help you file an extension, and provide you with tax planning advice. We also offer a free initial consultation to all new personal tax clients.

Update Invoicing

With our invoicing system, you can easily keep track of your tax payments and prepare your returns. Whether you’re a small business or an individual, we can help you make the most of your tax deductions.

Get A Tax Refund

We offer a variety of ways to get your tax refund, including direct deposit, check, and debit card. You can also choose to apply your refund to your next year’s taxes.

Why Choose Us?

To ensure that your taxes are filed correctly and on time, it’s important to choose a tax accountant that you can trust. We stand out due to:

Affordable Pricing: With our services, you can rest assured that you are not overpaying for your taxes. We will work with you to come up with a fair and reasonable price.

Experienced Staff: All of our staff are highly trained and have years of experience in tax accounting. This means that we can handle even the most complex taxes.

Timely Filing: We understand how important it is to file your taxes on time. A small mistake can result in a large fine. We will make sure that your taxes are filed correctly and on time.

Reliable And Honest Service: We pride ourselves on being a reliable and honest tax accounting firm. We will never try to upsell you on services that you don’t need.

FAQs

What’s The Cost of Your Tax Preparation Services?

The cost of our tax preparation services is based on the complexity of your taxes and the number of forms that need to be filed. We offer a free consultation so that we can give you an estimate of the costs involved in preparing your taxes.

Is it Worth It to Hire a Tax Professional?

The short answer is yes! A tax professional can save you a lot of money and stress in the long run. We know the ins and outs of the tax code and can help you take advantage of all the deductions and credits you’re entitled to. We’ll also ensure that your taxes are filed correctly so that you don’t have to worry about penalties or interest.

Is It Better to Itemize or Take the Standard Deduction?

This is a question that we get a lot. The answer depends on your tax situation. We can help you determine which deduction is best for you during your free consultation. Also, remember that you can always change your deduction method from year to year, so don’t feel like you have to stick with the same one every year.

What Are the Most Common Tax Deductions?

Some of the most common deductions include home mortgage interest, state and local taxes, charitable donations, and medical expenses. However, there are many other deductions and credits that you may be eligible for. We can help you determine which deductions you qualify for during your free consultation.

Get Started Now

If you’re like most people, tax season is a time of year that you dread. The forms, the deadlines, the anxiety of making sure you’ve included everything and filed correctly… it’s enough to make your head spin.

But it doesn’t have to be that way. At Akron Income Tax Co, we specialize in making the tax filing process as easy and stress-free as possible. We’ll work with you to make sure that everything is accounted for and that you’re taking advantage of all the deductions and credits you’re entitled to.

We know that everyone’s financial situation is different, which is why we offer a range of services to fit your needs. Whether you’re an individual or a business, we can help you with your taxes. We’ll also work with you to plan for the future and make sure you’re on the right track financially.

If you’re ready to get started, we encourage you to give us a call or stop by our office. Furthermore, we’ll be happy to answer any questions you have and get started on your tax return. Let us take the stress out of tax season so you can focus on what’s important to you.